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The good news is this climb isn’t a pump and dump. They are winning contracts and have a sales team that matches their technology. If Far Eastern companies are buying batteries it must be a good product. Expect more local sales as renewables storage gains ground. Bought in at 71p and still holding.
Stereax sales do not have to wait 3 years for sales as it’s up to the customers to seek FDA approval in stages for their own products, Ilika provide the batteries that is part of the device. Goliath is on course for a mega factory with major collaborations in the car industry. OEMs will be sort for a giga factory. GP tells it here.
https://www.***************************/ilika-stereax-device-sales-dont-have-to-wait-till-end-of-approval-period-video/4121064825
This is share has fallen like a stone for little reason compared to companies like Wirecard or Carrillion that had fraudulent managements. I expect it to bounce as oil prices are stabilising and interest rates are steady for the next 6 months.
Europe’s gas crisis could speed the transition to clean energy and the adoption of green hydrogen as a viable alternative to oil and gas, according to the International Renewable Energy Agency (Irena). Irena estimates that hydrogen could provide 12 per cent of the world’s energy needs by 2050 if global emissions were cut significantly to limit warming to 1.5C ITM should reverse the negative trend as soon the shortsellers close their positions.
Short termism strikes again, disposing of battery and glass business because they dont turn an instant profit during a technology revolution is bonkers. It took TESLA 10 years to turn a profit and thanks to patient investors they have now the biggest market cap of all car companies.
https://www.proactiveinvestors.co.uk/companies/amp/news/965521
Liberal press blame every issue on Brexit, nothing to do with covid, they all backed Biden to become POTUS, what a great success he turned out be...
Uranium is highly radioactive, a split battery or fire would require a clean up operation that the emergency services are not trained for. Worst idea I have heard since the chocolate teapot.
Ellume have innovated a new rapid Covid test approved by FDA that uses Quantum dot technology. Nanoco could potentially be getting big orders from this new technology.
https://www.ellumehealth.com/covid19-response/
Car manufacturers ramping up EV production. TT are in a great position with the new adopted technologies.
https://www.reuters.com/article/volkswagen-china-production/semiconductor-bottlenecks-hit-auto-sector-vw-bosch-continental-warn-idUSKBN28E1IN